Aegion (AEGN +2.6%) gains after saying its Insituform Technologies unit has been awarded a $16M...

Aegion (AEGN+2.6%) gains after saying its Insituform Technologies unit has been awarded a $16M contract from the City of Baltimore, Maryland to install over 170K feet of its small- and medium-diameter pipe in wastewater pipelines located in urban areas in the north and east portions of the city. Work is expected to begin in Q3, and will take approximately 16 months to complete. Since last December, the City of Baltimore has awarded Insituform over $46M in contracts.